Peru has approved an environmental impact study for a $12.5 billion green hydrogen plant by Horizonte de Verano. The plant will be located in Arequipa and construction is expected to begin in 2026.
The Peruvian government has recently authorized an environmental impact study for a significant green hydrogen facility, as announced by Production Minister Sergio Gonzalez. This plant, developed by Horizonte de Verano, is projected to incur a construction expense of $12.5 billion. The location for the plant spans an impressive 12,000 hectares in the southern area of Arequipa, with construction anticipated to commence in 2026.
The approval of the environmental study marks a crucial step toward establishing one of the largest green hydrogen plants in Peru, promising substantial investment and potential economic benefits for the region. Horizonte de Verano aims to build this facility, affirming the country’s commitment to renewable energy.
Original Source: www.tradingview.com
